Partnering with CoVentured

Ambition partners with CoVentured

Published on 28th June 2017

Ambition partners with CoVentured - a new platform to promote collaboration between start-ups and Australia's biggest businesses.

Ambition is pleased to be partnering with CoVentured, a new platform created by Slingshot to connect corporate Australia with the growing community of start-ups and scale-ups. 
 
Using strong search and filter functionalities, CoVentured will help corporates actively identify, track, and engage with start-ups. The goal is foster new engagements and break down barriers to collaboration. It is expected that there will be pilots and proof of concepts to minority investments, co-creation and vendor relationships. 

CoVentured is launching with the support of leading Australian and global businesses including: 

Ambition Accenture
ASG Australian Unity
Australia Post Beyond Bank
Downer Group GUD Holdings
Energy Australia IBM
JLL LendLease
MediaCom Minter Ellison
NBC Universal Salmat
Spotless Tabcorp
TAL Teys Australia
University of Newcastle Westpac
Woolworths  

 

In the latest Global Competitive Report, Australia had dropped to 26th in the world for innovation. The recent OECD Economic Survey also stated that despite benefiting from a high level of innovation ‘input’ such as a well-developed research system, a strong skill base and a supportive institutional framework, Australia was lacking in innovative ‘outputs’.

The Co-Founder/CEO of Ambition, Nick Waterworth, says "We're already heavily involved in the start-up ecosystem here in Australia and in Asia - this engages us at a whole new level. We've had a number of new initiatives over the last two years - this is one of the most exciting."

Slingshot CEO Karen Lawson says "Improving the way corporates and start-ups connect is crucial to lifting Australia's innovation performance, and ultimately, generating economic growth and job creation.
 
CoVentured is a way for both market forces (corporates and start-ups) to harness innovation. Working with start-ups is the best way to find, test and develop potentially market-changing technologies and solutions, and drive disruption, not just survive it. Both sides win,” added Lawson.
 
It is free for start-ups and scale-ups to join CoVentured and businesses can register at www.coventured.com